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Marathon Oil Corp. Com has a consensus price target of $30.86 based on the ratings of 21 analysts. The high is $37 issued by Susquehanna on September 4, 2024. The low is $25 issued by Jefferies on May 15, 2023. The 3 most-recent analyst ratings were released by Piper Sandler, Scotiabank, and Barclays on November 18, 2024, October 10, 2024, and October 3, 2024, respectively. With an average price target of $32 between Piper Sandler, Scotiabank, and Barclays, there's an implied 11.97% upside for Marathon Oil Corp. Com from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Marathon Oil Corp. Com (NYSE:MRO) was reported by Piper Sandler on November 18, 2024. The analyst firm set a price target for $34.00 expecting MRO to rise to within 12 months (a possible 18.97% upside). 44 analyst firms have reported ratings in the last year.
The latest analyst rating for Marathon Oil Corp. Com (NYSE:MRO) was provided by Piper Sandler, and Marathon Oil Corp. Com maintained their overweight rating.
The last upgrade for Marathon Oil Corp. Com happened on March 14, 2024 when Argus Research raised their price target to $31. Argus Research previously had a hold for Marathon Oil Corp. Com.
The last downgrade for Marathon Oil Corp. Com happened on July 17, 2024 when JP Morgan changed their price target from N/A to $33 for Marathon Oil Corp. Com.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Marathon Oil Corp. Com, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Marathon Oil Corp. Com was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Marathon Oil Corp. Com (MRO) rating was a maintained with a price target of $37.00 to $34.00. The current price Marathon Oil Corp. Com (MRO) is trading at is $28.58, which is out of the analyst’s predicted range.
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